Total loan: $3,675

E Retoño Group

Flag of Bolivia
Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food

E Retoño Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Purchase products to prepare food.

E Retoño Group's story

The entrepreneurial group "El Retoño" is on its fifth cycle. It is a unified group that, as cycles pass, has removed members that do not participate until the most responsible and supportive persons are left. They all live in the "El Recreo" housing development in an area away from the city. Mrs. Maria del Carmen is the new president of the group. She focuses on the sale of dinner during the week. On weekends she serves breakfast, preparing Patasca [a nutritious sheep and beef soup]. The loan is for the purchase of basic products so that she can prepare her delicious dishes. Mr. Luis is a long time member who owns a small business repairing cell phones and selling parts in the Plan 3000 [an area in the city of Santa Cruz] market. The loan is for the purchase of tools and parts for cell phone repair. Mrs. Noemi is a long time member who has a grocery store in the neighborhood, her store is well stocked. She considers herself a responsible person, caring for two children and the grandson of a daughter who is in Spain. Her dream is to open a mini market in the development since she can count on so many customers, her store is one of the most well known in the area. The loan is for the purchase of groceries in bulk. All of the partners are responsible and hardworking, they are grateful to Emprender and Kiva for their support and for awarding the loan.

Translated from Spanish by Flavia G., Kiva Volunteer